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Aug 18, 2009 6:00pm EDT
consumer. blame the customer. she's all tuckered out. the stock has plummeted 10% since then. >> the house of pain. >> then today, home depot reported a quarter that looked actually pretty darn good, and even better it raised numbers! ♪ hallelujah >> hmm, lowe's blames the consumer. me, i reach another conclusion -- the consumer's going to home depot. and why the heck not? home depot's executing on its plan. looks like lowe's doesn't even have a plan. in fact, i consider home depot the executioner. lowe's is marie antoinette. how did this happen? for years, we always thought that lowe's was the well-oiled machine, while home depot was self-destructing, courtesy of its ceo, bob nardelli. bob moved into wholesale at the top, cut costs by cutting customer service -- >> the house of pain. >> he knew nothing about retail, nothing about what the consumer wanted. he had no merchandise, no eye at all. i can't believe he didn't obliterate home depot. perhaps a testament to the brand that was superior, no doubt like cramer fave mason storm in "hard to kill." it took six years to get wise to
Search Results 0 to 1 of about 2 (some duplicates have been removed)